
State Street SPDR Portfolio Short Term Treasury ETF (SPTS)
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Learn more- Previous Close
28.81 - Open
28.84 - Bid 28.55 x 30090000
- Ask 29.07 x 29990000
- Day's Range
28.83 - 28.86 - 52 Week Range
28.58 - 29.40 - Volume
2,025,492 - Avg. Volume
2,571,718 - Net Assets 7.19B
- NAV 28.85
- PE Ratio (TTM) --
- Yield 3.88%
- YTD Daily Total Return 1.38%
- Beta (5Y Monthly) 0.24
- Expense Ratio (net) 0.03%
Performance Overview
View MoreTrailing returns as of 10/31/2026. Category is Short Government.
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Recent News
View MoreResearch Reports
View More-
Federated Hermes Earnings: Long-Term Inflows Return; Shares Slightly to Modestly Undervalued
Federated Hermes provides asset management services for institutional and individual investors. The firm had $911.6 billion in managed assets at the end of the second quarter of 2026, composed of equity (12%), multi-asset (less than 1%), fixed-income (11%), alternative (2%), and money market (74%) funds. The company's cash management operations are expected to generate around 52% of Federated's revenue this year, compared with 30%, 10%, and 8%, respectively, for the equity, fixed-income, and alternatives/multi-asset/other operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (67% of AUM), institutional investors (26%), and international clients (7%).
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US-Based Traditional Asset Managers: Gravity Caught the Group When Market Volatility Ramped Up Again
Federated Hermes provides asset management services for institutional and individual investors. The firm had $911.6 billion in managed assets at the end of the second quarter of 2026, composed of equity (12%), multi-asset (less than 1%), fixed-income (11%), alternative (2%), and money market (74%) funds. The company's cash management operations are expected to generate around 52% of Federated's revenue this year, compared with 30%, 10%, and 8%, respectively, for the equity, fixed-income, and alternatives/multi-asset/other operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (67% of AUM), institutional investors (26%), and international clients (7%).
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Inflows Into Money Market Funds Have Been Driving Most of Federated's Improved Results
Federated Hermes provides asset management services for institutional and individual investors. The firm had $911.6 billion in managed assets at the end of the second quarter of 2026, composed of equity (12%), multi-asset (less than 1%), fixed-income (11%), alternative (2%), and money market (74%) funds. The company's cash management operations are expected to generate around 52% of Federated's revenue this year, compared with 30%, 10%, and 8%, respectively, for the equity, fixed-income, and alternatives/multi-asset/other operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (67% of AUM), institutional investors (26%), and international clients (7%).
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Maintaining HOLD as shares near our fair value price
Federated Hermes, based in Pittsburgh, is an asset management holding company with about $912 billion in AUM as of June 30, 2026. It offers equity, fixed-income, and money market funds. The company's clients include high-net-worth individuals, registered investment advisors, pension funds, charities, and government organizations. Federated Hermes takes a relatively conservative, long-term approach to investing.

